Sr Financial Analyst

Posted 18 Days Ago
01701, Framingham, MA
In-Office
83K-106K Annually
Mid level
eCommerce • Fashion • Retail
The Role
The Senior Financial Analyst will support merchandise planning and buying through analysis, reporting, and developing financial models to drive business insights and recommendations.
Summary Generated by Built In
TJX Companies

At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. You’ll be part of our vibrant team that embraces diversity, fosters collaboration, and prioritizes your development. Whether you’re working in our four global Home Offices, Distribution Centers or Retail Stores—TJ Maxx, Marshalls, Homegoods, Homesense, Sierra, Winners, and TK Maxx, you’ll find abundant opportunities to learn, thrive, and make an impact. Come join our TJX family—a Fortune 100 company and the world’s leading off-price retailer. 

Job Description:

Senior Financial Analyst – Merchant Finance, Analysis Group

Our Marmaxx Finance group has an immediate need for a Senior Financial Analyst in the Merchant Finance Analysis Group.  This Senior Financial Analyst will work on projects that drive and support the Merchandise Planning and Buying organization at TJ Maxx and Marshalls.

Responsibilities:

  • Perform standard Weekly, Monthly, and Quarterly reporting with excellent attention to detail
  • Develop and maintain analytical models to analyze Sales, Gross Margin and Inventory components to provide guidance on business performance and financial plans
  • Provide accurate and timely ad-hoc analysis to address existing and new business needs; investigate variances in merchandise reporting and analysis
  • Deliver strategy and recommendations on various Buying and Merchandising initiatives (spend, incentive/future planning, etc.) across all levels of Management.
  • Present on other various deliverables including day-to-day reporting and conceptual topics
  • Partner with other areas of Marmaxx Finance and build relationships with operational partners across the business (Merchandising, Planning & Allocation, Logistics, Store Ops/Planning, etc.)

Potential Projects:

  • Merchandising Initiatives – evaluate Inventory Management, Freshness, Receipts, Flow, etc. and seek improvement opportunities to existing reports
  • Financial Performance – provide detailed financial analysis for special projects/stores of interest
  • Merchant Financial Plans – maintain systemic feeds to various reports, incl. Shrink, Markdowns, Dollar Out and Open-to-Buy
  • Strategic Reporting Enhancement – assist in the transition of existing reports into PowerBI dashboards
  • Store Planning Initiatives – partner with Store Planning to evaluate various groups of stores
     

Qualifications:

  • 2-5 years of experience working in an Analysis and/or Finance environment
  • Bachelor’s degree in Finance, Economics or Accounting preferred
  • Excellent quantitative and analytical skills; experience reporting on large amounts of data
  • Strong communication skills with an ability to obtain information and devise business solutions
  • Able to concisely and effectively deliver results to management
  • Ability to provide strategic recommendations to the business on key Financial & Merchandise plans
  • High level of curiosity to explore, learn and understand business information
  • Strong sense of urgency around delivery of reports and deadlines
  • Self-starter with high level of time management skills and ability to prioritize individual workload
  • Strong technical skills: Proficiency with Microsoft Excel is required (i.e. pivot tables, power pivot, function logic and lookup/reference formulas and charts); experience with applications such as PowerBI, Power Query, Monarch, Mainframe, and Cognos is preferred but not required
Benefits include Associate discount; 401(k) match; medical/dental/vision; HSA; health care FSA; life insurance; short/long-term disability; paid holidays/vacation /sick/bereavement/parental leave; EAP; incentive programs for management; auto/home insurance discounts; tuition reimbursement; scholarship program; adoption/surrogacy assistance; smoking cessation; child care/cell phone discounts; pet/legal insurance; credit union; referral bonuses. All benefits are subject to applicable plan or program terms (including eligibility terms) and may change from time to time. Contact your TJX representative for more information.
In addition to our open door policy and supportive work environment, we also strive to provide a competitive salary and benefits package. TJX considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.

Address:

770 Cochituate Rd

Location:

USA Home Office Framingham MA 770 Cochituate Rd

This position has a starting salary range of $83,100.00 to $106,000.00 per year. Actual starting pay is determined by a number of factors, including relevant skills, qualifications, and experience. This position is eligible for an annual incentive.

Top Skills

Cognos
Excel
Power Query
Power BI
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The Company
HQ: Framingham, MA
46,062 Employees

What We Do

TJX is the leading off-price apparel and home fashions retailer in the U.S. and worldwide, with four global home offices, seven brands, nearly 4,700 stores in nine countries, and five distinctive branded e-commerce sites. As Associates, we make a difference with our contributions—collaborating in delighting shoppers with hidden treasures.

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